DGAP-News: CTS Eventim AG / Key word(s): Miscellaneous
CTS EVENTIM acquires majority stake in cinema ticketing company CREA
19.11.2013 / 14:03
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PRESS RELEASE
CTS EVENTIM acquires majority stake in cinema ticketing company CREA
Acquisition through Italian market leader TicketOne / more than 1,000
cinemas selling over 80 million cinema tickets annually / attractive
extension to existing core business
Bremen, 19. November 2013. SDAX listed CTS EVENTIM AG, Europe's leading
ticketing company, continues its expansion as it enters into the cinema
ticketing market in Italy. EVENTIM group company TicketOne S.P.A in Milan,
the Italian market leader in event ticketing, has acquired a 60% stake in
CREA Informatica. CREA's software is used in more than 1,000 cinemas
throughout Italy, selling more than 80 million tickets each year, and more
than 5 million thereof through the Internet and mobile apps. The company is
by far the leading provider of cinema ticketing solutions in Italy and also
has a strong foothold in the distribution of tickets for discotheques, a
segment characterized by strong customer loyalty and increasing integration
with the live event market.
Following its 2012 entry into the market of cultural and museum ticketing,
by acquisition of CREA TicketOne once again expands its offerings and its
customer basis. At the same time, CREA customers in the cinema and
discotheque segments are enabled to sell their tickets through TicketOne's
leading internet platform. CREA Founder and CEO Alberto Casati will
continue to hold a 40% share in the company.
Klaus-Peter Schulenberg, CEO of CTS EVENTIM AG: 'This acquisition once more
strengthens our market position in Italy. Furthermore, it lays the
foundation for our integration of event ticketing and cinema ticketing,
which due to very similar buyer demographics provides substantial growth
potential in both areas.'
About CTS EVENTIM
CTS EVENTIM AG, listed in the SDAX index (ISIN DE0005470306), is Europe's
market leader in ticketing and one of the leading providers of Live
Entertainment. More than 100 million tickets for well over 180,000 events
are sold annually using systems developed and marketed by the EVENTIM
Group. In addition to more than 20,000 stationary outlets throughout
Europe, sales via the Internet and especially via www.eventim.de and
www.getgo.de portals are gaining increasing important.
For further information:
Engel & Zimmermann AG, Unternehmensberatung für Kommunikation
Hermann Zimmermann, Dr. Alexander Baer Tel. (0 89) 89 35 63 3
info@engel-zimmermann.de
End of Corporate News
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Language: English
Company: CTS Eventim AG
Dingolfinger Str. 6
81673 München
Germany
Phone: 0421/ 3666-233
Fax: 0421/ 3666-290
E-mail: claudia.aderhold@eventim.de
Internet: www.eventim.de
ISIN: DE0005470306
WKN: 547030
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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240648 19.11.2013
DGAP-News: CTS EVENTIM acquires majority stake in cinema ticketing company CREA
| Source: EQS Group AG